Mr. Noel Waters:

On the basis of the information that was given to us from correspondence with the Garda. We have no direct knowledge or records around that point, but it is safe to assume we did have knowledge of that and that it was devised on that basis. Why would a Garda have gone to the trouble of setting up the Sportsfield company? It was non-trading and it had no capital, so clearly it was being set up for the purposes of receiving funding from somewhere. The only funding available to it was the surplus that would have arisen from the payments that were made by the restaurant account.